Price gave a close above the Trendline. Looks so good on Charts. Consolidation done . Volume Buildup seen. Above all EMA. Good for Short term and Long term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before...
Looks like a Multiple Breakouts . Rounding bottom , Range Breakout . Price Consolidated for a long time. Above all Key EMA. Good for Short term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any...
If you haven`t bought WAL before the previous earnings: Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week, I would consider purchasing the 52.50usd strike price in the money Calls with an expiration date of 2024-6-21, for a premium of approximately $6.35. If these options prove...
Commercial real estate "..talk of black swans of an economic nature forcing the Fed to print trillions again. Commercial real estate may be the next domino to fall. Back in 2008, default rates rose to 9%, up from 1%, as interest rates rose. Today, the damage to commercial real estate loans which total about $2.7 trillion could be far greater. Over 40% of the US...
Taking the Contrarian approach.... Take Profit, at $51, or, 5%ish stop loss. take vacation, to the Bikini Islands...
If you haven`t bought the dip on BLK: Then analyzing the options chain and the chart patterns of BLK BlackRock prior to the earnings report this week, I would consider purchasing the 760usd strike price Puts with an expiration date of 2024-5-10, for a premium of approximately $11.50. If these options prove to be profitable prior to the earnings release, I would...
Watch the video and original text here: News: ''Italian Prime Minister Mario Draghi has tendered his resignation after populist coalition partner Five Star withdrew its support in a confidence vote. The former head of the European Central Bank (aka SUPER MARIO of Printing) has led a unity government since February 2021. However, the president refused to...
Thanks to @TORNADOF5 for reminding me about this. A friend sent me a tweet last night about how banks are levered up on debt and that prompted me to look at the chart of KRE. As you might remember, AMEX:KRE was one of the worst performing ETFs at the beginning of this year with the failure of a ton of local banks. But since earlier this year, I haven't...
Lets assume that the strength in the US dollar wont last for too much longer, as Central Banks try and work out how many more trillions are needed in the system. The BTCUSD had been in a trading range for some time and this week we convincingly left it, with a big dose of Bullish price action. Will it last? IDK. I am long BTCUSD so I am fundamentally in the...
JP Morgan Chase (JPM) has been trading within a Channel Up since the October 12 2022 market bottom. Friday's high is technically at the top (Higher Highs trend-line) of that Channel Up. The 1D RSI sequence is similar to the one that led March 06 2023 High and subsequent correction. As you can see, every Higher High rejection (two so far on that pattern) has...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
Sofi does banking differently and has great potential, but it is still a bank and banks are not a great investment right now. I don't see the price getting above the channel anytime soon. But that doesn't mean the stock is untradable. There are a couple of bearish scenarios at the moment. 1.Crash now: In this scenario price is on the intermediate C wave. In that...
Standard Bank has formed an M Formation. The nature of the analysis is down and is a sell as it's broken below the neckline and the price is below both the 20 and 200MA> So it looks like the next target is R150.00. FUNDAMENTALS Fundamentals also came out today and yesterday which could influence the price and the large candle today. Standard Bank Group...
NASDAQ:PYPL looks as if it wants to bottom. It surely has taken a beating. Took a position in it a few days ago, waited for earnings. Could be a good turnaround story with activists. First time, since the last 4 earnings that it didn't go lower on announcements. Would like to see this close above 66. That would be a nice confirmation. This could be like our ...
Encountering strong resistance and rejection from $13 strong psychological level now Expecting a pullback to support Buy point 12.6 Buy and accumulate
DBS established a strong support zone at the $31.6 mark Double bottom structure played out nicely MACD @ oversold Consider this a pretty safe buy entry for accumulations Personally, I bought in at @ $31.9